These "moves" generate a lot of controversy at a social and political level. Some employment database argue that everyone is free to decide where to live and others believe that those who earn more money should contribute more.
In our country, you pay more or less taxes depending on the wealth of each person. Personal income tax is a progressive tax that works in sections; that is, it increases as income grows.
That is to say, a person in Spain can pay up to 47% of their income, while in Andorra the maximum to be taxed is 10% . So, if you have a high income, considering living in Andorra is not unreasonable. In the end, each person, individually, seeks to earn as much as possible and reduce expenses as much as possible. If you are one of those who is thinking of changing address, it is best to put yourself in the hands of experts who can advise you so that you do not make any mistakes, for example at https:m/ they help you with all the procedures from creating a company to opening a bank account in Andorra, you can count on them.
Who can pay taxes in Andorra?
If a person wants to link his or her income to the Andorran tax system, it is sufficient to transfer the residence. That is, to rent or buy a home. In addition, the person must be residing in Andorra for more than 183 days. Taxes can also be paid there if the core of the economic activities is located in the country. Therefore, it is not necessary to obtain nationality, only residency .
There are two types of residency:
Active: for all those whose main objective is to work in the territory, either as an employee of a pre-existing company or business or by creating a new company or business. In this case, you must remain for a minimum of 6 months.
Passive: for those who do not have the ultimate goal of working in Andorra, and simply want to live there. This would be the case for athletes, investors, scientists, artists, professionals with international projection, or retirees.
